Oracle Financial Consolidation Hub User Manual page 114

changes entered will become effective.
When you update a consolidation hierarchy, Financial Consolidation Hub will show an
Impact Analysis page. This page will show the following:
• The change history of the relationship that was updated.
• Impacts to existing consolidation runs.
• The Acquisition and Disposal Transaction created to track the update.
Updates to consolidation hierarchies generate impacts that are visible on the
Consolidation Process page. Notifications are also sent to the contacts of impacted
consolidation entities.
See: Process Status, page 15-2
Hierarchy changes are tracked to provide an audit trail accessible using the Acquisition
and Disposal tab. When you update, you have the option to create an acquisition or
disposal accounting entry to associate with the change.
• Remove an entity - To create an accounting entry, select Yes for Create Accounting
and specify a To Consolidation Method.
• Add an entity - To create an accounting entry, select Yes for Create Accounting and
specify a From Consolidation Method.
• Update an entity - To create an accounting entry, select in the Create Accounting list
Acquisition, Disposal, Share Issue with Acquisition or Share Issue with Disposal.
See Create Accounting for Consolidation Hierarchy Changes , page 17-2
Viewing Consolidation Hierarchies
You can view a consolidation hierarchy for a specific date. Fill in the Effective Date field
with the desired date. To view Retained Earnings and Suspense Handling attributes,
13-8 Oracle Financial Consolidation Hub User's Guide
Caution:
When entering changes to a hierarchy, specify the correct
effective date at the top of the page.
Note:
If you increase the ownership, you cannot select Disposal. If you
decrease the ownership, you cannot select Acquisition.
Note:
You cannot update hierarchies using the hierarchy loader.
You can view all of the updates made to a consolidation hierarchy
using the Acquisition and Disposal tab.